On EURCHF chart, on Daily time frame, the pair shows that after forming the bullish harmonic pattern the price has reached the PRZ i.e. potential reversal zone. RSI has showed a supportive stance here and to further insulate the trade from loss a safer point i.e. higher than the recent high has been suggested. A detailed Trade Plan has been chalked out in the text box.
On hourly chart pattern CADJPY has formed a bullish harmonic pattern, thus, indicating the potential reversal zone. This idea is further strengthen by the bullish divergence on RSI indicator, which has been marked on the char. To guard against any loss it is proposed that a trade may be taken when the price moves above the high of recent past. A separate line...
BTCUSD has been struggling to keep the upward momentum and candles suggest the bears are clinching the opportunity from bulls. This struggle started on 23rd June so we may be seeing the Climax soon
DGKC is a leading Cement Manufacturer in Pakistan. It's current price is around 52 whereas its Book Value is 161.89 and Enterprise Value per share is 94.56. On daily time frame the company has posted double top cart pattern thus, creating a bias for down trend , an other call is still in field of this effect. Despite this short call an opportunity to benefit from...
The script , after a bull run, is under selling pressure. This can be a great opportunity to reap the profit. So let's trade as per plan.
GBPCAD has been trading in a channel. Currently it is bouncing back from the lower trend line. This can be a good trading opportunity.
S&P 500 has printed a bearish flag on hourly chart. So let's play with it. Plan is there .
There are a few green candles at the bottom of down trend but this seems to be a temporary relief for the bulls and bears seems to be regrouping for the next down slide.
CADJPY displayed a nice bull run but recent price action and violation of trend line gives the sneak peak in to bears preparations for the south bound journey. Therefore a plan is prepared for the convenience of my fellow traders.
On hourly charts AUDNZD has been showing a steady uptrend we expect the joy ride shall continue its journey to north.
EURJPY has been in bullish trend for quite some time and the flag pattern suggest the trend is likely to continue its journey to north. A trade plan is suggested accordingly.
Pair is showing a potential breakout on 15 minutes time frame could be a good opportunity Goodluck
DGKC, on daily chart, has been showing the weakness. Consequently it formed a double top. Currently the price is residing at neckline and on the next breach of price short trade is suggested.
A Rising Wedge is being witnessed on the chart. So a trade plan is presented for your kind consideration.
On hourly chart the GBPCAD pair is forming a head & shoulder pattern trade is suggested as per plan
On daily charts EURUSD has been climbing up the new highs from the October 2022 till 18th of July 2023 from this point it retraced to the lower edge of Triangle, which has been formed during the said period. From here emerge two scenarios. 1. Continuation of downward movement. Since the price is hovering around its support zone a trade plan is suggested to go...
After a long bullish haul the signs of fatigue are appearing on hourly chart. If the pair breaches the bottom trend line the bearish trend is verified. whereas the violation of 162.1, swing low of recent past, confirms the bearish momentum. therefore, the same is suggested as entry level.
The pair is displaying love hate relationship for quite sometime. To tackle this dilemma trade plans are suggested. Wish you Happy & Profitable Trading